Circular Arrow: Canadian provider and licensed operators

Key points about the Circular Arrow provider

• Studio: Circular Arrow, an online slot studio, member of the MahiGaming division within Games Global, listed under the North America tab of the Studios page.
• Origin: Vancouver, British Columbia; the company CIRCULAR ARROW STUDIO LTD. (BC1377484, business number 705552107) was incorporated on 02/09/2022.
• Legal status: the Canadian company was struck off on 19/05/2026 for failing to file, while the studio keeps releasing games under its name.
• First release: Ark of Ra on 21/07/2022, announced by Games Global and now missing from the official website.
• Portfolio: 6 documented titles as of 15/10/2026, including the American Gold trilogy (2024), 12 Fortune Dragons (22/05/2025) and 12 Fortune Dragons Drum Frenzy (official page dated 07/09/2026).
• RTP: from 96.00% to 96.05% according to the official game pages, with high or very high volatility across every title.
• Max wins: 3,000x on 12 Fortune Dragons, 5,165x on Drum Frenzy; four-tier fixed jackpots on the American Gold series.
• Mechanics: Epic Strike Tower, Rising Rewards, Dragon Drum Bonus, Pot Collect Yankee Doodle Bonus, Bonus Buy and Win Booster, shared with the other studios in the network.
• Licences: none in the studio's own name; coverage by Games Global Operations Limited (UKGC 58841) and Prima Networks Limited (MGA/CRP/926/2021).
• Official website: a WordPress site created on 09/07/2024, ten pages, no address, no email, and a News page stuck on "Coming soon" since August 2024.
• Demos: no free-play version published by the studio, so there is no GAMES filter on the Kynox page.
• Casinos: the CASINO button shows the operators regulated in your jurisdiction; an empty filter means no casino is available in your country.

Circular Arrow: a Vancouver studio that moved under the MahiGaming and Games Global banner

There are studios you know everything about, right down to the art director's first name, and then there is Circular Arrow. Five online slots displayed on a near-silent website, a name followed by the ™ symbol at every mention, and a News page that has read "Coming soon" since July 2024. The home of Gold Blitz within the same division at least got its own press releases. Circular Arrow only ever appears at the bottom of its distributor's monthly roadmaps.

And yet the studio does exist, with a legal name, a Canadian business number and a story nobody has really told. I went through the official website page by page, queried the Canadian business registries and reread every Games Global press release since December 2021. What I found does not quite match what slot directories keep repeating, which is exactly why this page is worth your time. Like its division neighbour, the neon-lit Las Vegas workshop of the Mahi group, Circular Arrow lives in the shadow of a structure much bigger than itself.

The CASINO button at the top of this page does one thing only: it shows you the regulated online casinos in your jurisdiction that actually carry this studio's titles. Everything else here is investigation.

How do you find an online casino offering Circular Arrow?

The CASINO button at the top of the page queries the Kynox Casino inventory and only displays operators that are legal for the IP address you are browsing from. This geolocation applies across all three domains of the network. An empty filter therefore means that no online casino offering Circular Arrow is available in your country: there is no hidden list and no access on request. As of 15/10/2026, the filter returned three operators from a Spanish address.

One point deserves a moment of your attention. A game provider's licence is not an operator licence. Circular Arrow and its distributor are authorised to supply games to casinos, not to take bets from players, so the legality of playing its slots depends entirely on the rules of your own country of residence. Before you deposit anywhere, check that the operator holds a licence valid where you live. The studio appears in no operator register, which is normal: it sells nothing to players, it supplies operators.

That leaves the question of classification. This page sits in the video slots section where this studio is filed, even though three of its five current titles are three-reel steppers. We will come back to this, because that split says a lot about the house strategy.

Identity card: what the registries and the official website say

A British Columbia company struck off in May 2026

The most solid starting point is not the studio's website, it is the business registry. Canada's federal business registry, which aggregates provincial data, knows only one entity by this name: CIRCULAR ARROW STUDIO LTD., business number 705552107, incorporation number BC1377484, incorporated on 02/09/2022 with a registered office in Vancouver. The province's public OrgBook registry publishes the full history of company BC1377484, and it reads like an electrocardiogram: a "D1" warning on 03/02/2026, a "D2" warning on 24/03/2026, then "System Dissolution - Fail to File" on 19/05/2026. In plain terms, the company was dissolved by the registrar for not filing its annual reports.

This detail changes how you read the whole page. As I write these lines on 15/10/2026, the studio is still releasing slots under its name and its website carries a 2026 copyright. The workshop is alive, but the Canadian legal shell that housed it no longer exists. The most likely explanation lies in the attachment to MahiGaming, which I cover below: when an American division absorbs a team, the local company becomes redundant. I found no primary source confirming this reading, so take it as a working hypothesis rather than a fact.

Canada has seen online gaming studios change skin before. The Quebec giant that became The Stars Group left the provider landscape after a far noisier journey. Closer to Circular Arrow in size, the Bluberi page shows a Drummondville manufacturer that kept its Canadian structure while moving its headquarters to Las Vegas. Vancouver, Drummondville, Pointe-Claire: the Canadian slot industry exists, it is simply scattered from one ocean to the other.

Slot directories place the studio in North Vancouver and give 2022 as its founding year. The registry confirms the year and the city of Vancouver, without naming a district. I am sticking with Vancouver, British Columbia, and leaving North Vancouver to the sources that do not cite theirs.

What is the MahiGaming division?

The studio's About page repeats the same sentence three times: Circular Arrow is "a member of the MahiGaming division within the Games Global family". You still need to know what MahiGaming is. The official MahiGaming website presents itself as an "agile and dynamic" development house building gaming software for several platforms, with three locations: South Florida for server-based gaming, animation and game engines, San Marcos near San Diego for traditional video games and land-based slot machines, and Town Square in Las Vegas for story-driven online slots. No postal address, no legal name and no email appear anywhere. The footer settles for a 2026 copyright and a link to the Games Global privacy policy.

Games Global press releases put flesh on what the website leaves bare. In March 2024, Alexander Monsma is quoted as Senior Business Development Manager at Neon Valley Studios, "Part of the MahiGaming Division". In April 2024, the same Alexander Monsma speaks on behalf of MahiGaming for the release of 333 Fat Frogs Power Combo by Fortune Factory Studios. In December 2023, Sinead Benson speaks as Business Development Manager at MahiGaming for Gold Blitz Extreme, and in November 2023, Col Weaver does the same for Mining Pots of Gold. The division makes its studios speak through the same voices.

The distributor also publishes a map of its workshops. On the Games Global Studios page, read on 15/10/2026, the North America tab gathers nine studios: AreaVegas Games, Circular Arrow, Fortune Factory Studios, Gameburger Studios, Neon Valley Studios, Oros Gaming, PearFiction Studios, SpinPlay Games and Triple Edge Studios. Three of them explicitly claim Mahi in their description: Circular Arrow and Fortune Factory as "Part of the MahiGaming division", Neon Valley as "Part of the Mahi Group". The blockbuster workshop from the same continent is named by a B2B directory as the division's fourth studio, but Games Global writes it nowhere, so I will not repeat it as fact.

Circular Arrow's official description on that page fits in two sentences: the studio "delivers online slot games to Games Global" and "blends creativity, precision and bold ideas to craft experiences that connect players, provide engagement and unite communities through play". The three featured games are American Double Gold, American Triple Double Gold and 12 Fortune Dragons. The official link points to circular-arrow.com with a hyphen, a domain that 302-redirects to circulararrow.com without one.

An official website stripped to the bare minimum

The circulararrow.com website is a WordPress installation created on 09/07/2024, the date of the "Hello world" post the studio never deleted. The sitemap lists ten pages: the homepage, Games, About, News, Contact and five game pages. The Circular Arrow About page, published on 12/07/2024 and last modified on 19/09/2024, lays out a vision called "Excellence in Execution" and the promise of a "culturally diverse" team carrying multicultural themes meant to "unite cultures and communities". The homepage turns this into four values: Globally Unifying, Precision-Crafted, Cultural Diversity, Quality-Driven Excellence. The only line that qualifies as a tagline appears on the studio's LinkedIn profile, titled "Circular Arrow I Limitless Play".

The contact side is no more talkative. The studio's Contact page gives no address, email or phone number, and offers a form whose first field, "Type of Inquiry", has just three options: affiliate inquiry, job inquiry, or other. A notice states that gameplay issues are not handled here and redirects users to their casino's support team. The News page has displayed "Coming soon" since its last edit on 22/08/2024. The footer carries the 2026 copyright, the 18+, GamCare and BeGambleAware logos, and a link to the privacy policy hosted on gamesglobal.com. No licence seal, no legal notice, no registration number.

I will say it plainly: this website is a business card, not a source. It proves the studio exists and gives Games Global press releases somewhere to link to. Every figure comes from elsewhere.

History: from Ark of Ra to 12 Fortune Dragons Drum Frenzy

2022: Ark of Ra and the summer of the switch to Games Global

The studio's first public trace dates from 11/07/2022. In its July 2022 content release, Games Global announces Ark of Ra for 21/07/2022, a "coin collect mechanic with a twist" on five reels, set in the Egypt of the gods, with one real original idea: the player picks the volatility of the bonus when triggering the free spins feature. Wild reels and wild collects round off the base game, "from the team at Circular Arrow". The same release lists the creators of 777 Super BIG Build Up Deluxe and half a dozen other North American and European workshops.

The timeline deserves a pause. Games Global completed its purchase of Microgaming's distribution business and portfolio in May 2022, two months before Ark of Ra. Directories claiming that Circular Arrow was "created in partnership with Microgaming" before joining Games Global are probably leaning on the licensing entity Apricot Investments, which carried the network's titles at the time. I found no Microgaming press release mentioning Circular Arrow, and the Canadian company was only incorporated in September 2022, after the first game came out. The real order appears reversed: the studio delivered first, incorporated second, and has only ever known the Games Global era. The Isle of Man portfolio taken over by Games Global in 2022 was its cradle by inheritance only.

One detail still bothers me: Ark of Ra does not appear on the studio's official website. The Games page on circulararrow.com shows only five titles, all from 2024 onwards. The house's first game, the one that built its modest reputation, has vanished from its own shop window. I have no sourced explanation, only the hunch that the site was built in 2024 by a team that no longer felt accountable for what came before.

2024: the American Gold trilogy

Two years of silence, then three games in three months. The July 2024 press release announces American Double Gold for 03/07/2024, "just in time for Fourth of July celebrations": a three-reel, nine-line stepper, a 2x multiplier wild as its centrepiece, a pot and four static jackpots paid out through the Pot Collect Yankee Doodle Bonus, where Uncle Sam has you pick until you match three colours. The official game page, published on 23/08/2024, lists a 96.00% RTP and high volatility.

American Triple Gold follows with the same skeleton and a 3x wild. Its official page went live the same day as the 2x version, 23/08/2024, but no Games Global release dates it, so I am keeping to the late August to early September 2024 window. Then comes American Triple Double Gold, announced in the October 2024 press release for 02/10/2024, with combined 3x and 2x wilds, a 96.02% RTP and very high volatility. The studio's website renames it American 3x2x Gold, a shorter name for a casino lobby. With this trilogy, Circular Arrow joins the providers of 3x3 grids with multiplier wilds, a niche North American studios keep alive out of loyalty to land-based floors.

The series' jackpots are fixed, not progressive. That matters if you are hunting networked prize pools: Circular Arrow has joined neither Mega Moolah nor WowPot, and its four tiers stay at set amounts. The studios whose bonuses pay out static jackpots form a family of their own, less spectacular but easier to read for a player who wants to know the maximum win before placing a bet.

2025 and 2026: the 12 Fortune Dragons saga

The change of register comes in spring 2025. On 19/05/2025, Games Global presents 12 Fortune Dragons in its releases for the week of 22 May 2025, with a link to circulararrow.com for the first time, and the game changes scale: a 5x3 grid with 20 "dynamic scaling" lines, an Epic Strike Tower to climb by collecting dragons, shimmering wild coins that ease access to the Tower Bonus, and a Dragon Drum Bonus that stretches the reels to 10 rows and 48 lines while Rising Rewards multipliers push line wins up to 10x. Announced maximum win: 3,000 times the bet, 96.00% RTP, high volatility, Bonus Buy at 1x or 10x.

The sequel arrives sixteen months later. The official 12 Fortune Dragons Drum Frenzy page was published on 07/09/2026: a 5x3 grid with 20 lines, 96.05% RTP, high volatility, a maximum win raised to 5,165x, and a Tower Bonus leading to one of four experiences, Cash Pots, Jumbo Drum, Cash Drum or Drum Frenzy, where every drum feature combines. A Win Booster completes the package. I found no Games Global press release for this launch as of 15/10/2026, not in the August roadmap, nor September's, nor October's. Specialist sites date it to 17/09/2026.

Drum Frenzy is not a Circular Arrow invention. It is a Games Global range that the creators of Hyper Strike Diamond Drum Frenzy extended in January 2026 by combining Epic Strike Cash, drum features and the Tower Bonus. Circular Arrow is applying a house recipe to its own licence, which says a lot about how this network works: mechanics move between studios like tools in a shared workshop.

Beware of wrong attributions

An English-language directory credits Crazy Digginz to Circular Arrow. That is wrong. The Games Global release of 30/01/2023 credits Crazy Digginz - It's all Mine! to Pulse 8 Studios, with a link to that studio's website. The same directory claims Circular Arrow has produced a single game, which was already inaccurate in November 2024. Another site lists one reviewed slot and medium volatility for Drum Frenzy, where the official page says high. When third-party sources contradict each other, I go back to the studio's website and the distributor's releases, and nothing else.

Portfolio as of 15/10/2026

Six titles in four years, five of them on the official website. The pace is picking up: one game in 2022, three in 2024, one in 2025, one in 2026. That is not the cadence of an industrial studio, it is the rhythm of a small team that ships when the product is ready.

Which mechanics define Circular Arrow slots?

Epic Strike Tower and Rising Rewards

Epic Strike is a collection mechanic specific to the Games Global network, already present in July 2022 at Northern Lights Gaming and Infinity Dragon Studios in the same release as Ark of Ra. Circular Arrow makes it the backbone of 12 Fortune Dragons: every dragon collected climbs a tower, every tier promises a cash prize, and the dragon's roar at the top grants either an instant win or the Dragon Drum Bonus. The Rising Rewards multipliers, also stamped ™ by the network, are gathered in the base game and applied to line wins during the bonus.

I like this architecture for a simple reason: it makes progress legible. You see the tower, you see where you stand, you know what is missing. Many modern slots drown the player in counters; this one gives you a single one.

Pot Collect Yankee Doodle Bonus

The American Gold trilogy rests on a pick bonus, a genre that has fallen out of fashion among European studios but remains alive across the Atlantic. Uncle Sam guides you, you flip tiles until three identical colours appear, and the colour decides which of the four static jackpots you pocket. The multiplier wild, 2x, 3x or both depending on the title, acts as both trigger and win booster. Fireworks, sparklers, star-spangled banner: the art direction fully embraces patriotic imagery that the studio sums up as a "star-spangled tribute to the American spirit". For a workshop that preaches cultural diversity on its About page, this is a very precise target, the regulated North American market.

RTP and volatility on record

The five official game pages publish an RTP between 96.00% and 96.05%, with high or very high volatility. No page states a bet range, a number of languages or alternative RTP settings, even though operators often have several configurations available. Treat these figures as the studio's reference values, and check the RTP shown in the game's help screen at your operator.

Bonus Buy and Win Booster

12 Fortune Dragons offers a two-tier bonus purchase, 1x or 10x, to trigger the Dragon Drum Bonus directly. Drum Frenzy adds a Win Booster, a paid option that improves the trigger odds. Both features are banned or restricted in several jurisdictions, the United Kingdom first among them, and operators switch them off by market. Their presence on the official page is no guarantee they will be in your lobby.

Licensing and compliance: under which framework do the titles circulate?

Circular Arrow holds no licence in its own name, and it does not need one. Like every exclusive studio in the network, it delivers its games to the distributor that signs the press release for each of the studio's launches, and that distributor carries the compliance. The gamesglobal.com footer, read on 15/10/2026, states that Games Global Operations Limited is licensed and regulated in Great Britain by the Gambling Commission under account 58841 of the public register, and that Prima Networks Limited (C46476), The Unicorn Centre, Level 2, Triq l-Uqija, Swieqi SWQ 2335, Malta, is regulated by the Malta Gaming Authority for Type 1 gaming services under licence MGA/CRP/926/2021, issued on 28/02/2022.

This setup has a practical consequence. When you play 12 Fortune Dragons at a Maltese or British operator, the game is certified under Games Global's licences, not Circular Arrow's. If the studio disappeared tomorrow, its games would remain perfectly legal wherever they are already distributed. That is, in fact, what has quietly been happening since May 2026: the Canadian company is struck off, the games keep spinning.

What the studio does not publish

A table of negatives beats a paragraph of filler. It tells you exactly where what we know comes to an end.

Why does this page offer no demo?

The official Circular Arrow website hosts no free-play version. Each game page consists of a presentation text, three screenshots and a line of specifications, with no Play button. The demos found on third-party sites run through aggregator servers the studio does not control, and I refuse to embed what the provider itself does not publish. So there is no GAMES filter on this page.

That does not leave you without options. The demos playable from this section without going through an operator cover dozens of providers that do open their games in practice mode. And if you are specifically after collect grids or patriotic steppers, the reels from other providers open in play money will give you a feel for the genre before you wager a cent at a regulated operator.

Finally, comparison remains the best judge. To place Circular Arrow among its neighbours, the directory where every studio has its own dated page gathers every provider I document, from the three-person workshop to the global distributor.

My verdict on Circular Arrow

I will be direct, because you did not come here to read a brochure. Circular Arrow is a competent studio that makes no effort to exist outside its distributor. Its website says nothing, its News page has promised content for two years that never arrives, its Canadian company let itself be struck off without a word, and its first game has vanished from its own shop window. A studio that preaches excellence in execution should at least execute its own website.

On the games side, the picture is more flattering. The American Gold trilogy is a lesson in stepper design: nine lines, a multiplying wild, a pick bonus you grasp in ten seconds, an honest 96% RTP. 12 Fortune Dragons proves the team can also build a tiered video slot without tipping into excess. And Drum Frenzy, with its 5,165x, shows a will to scale up.

My doubt concerns what comes next. Six games in four years and a legal structure that dissolves looks more like a team absorbed by its division than a studio preparing to take flight. If Games Global decided tomorrow to fold Circular Arrow into Neon Valley or Fortune Factory, nobody would notice, and that is precisely the problem. I am keeping this page active, watching the 2027 roadmap, and I promise to date every move.

FAQ: Circular Arrow

Where can you play Circular Arrow slots at a regulated online casino?

The CASINO button at the top of the Kynox page only shows online casinos that are legal for your IP address and carry Circular Arrow titles. An empty filter means no operator is available in your country. As of 15/10/2026, three operators were displayed from a Spanish address. Always check that the operator holds a licence valid where you live.

What is Circular Arrow?

Circular Arrow is an online slot studio and a member of the MahiGaming division within Games Global, its exclusive distributor. It is listed under the North America tab of the Games Global Studios page, and its first title, Ark of Ra, was released on 21/07/2022.

Where is Circular Arrow based?

In Vancouver, British Columbia. The company CIRCULAR ARROW STUDIO LTD. (BC1377484) was incorporated there on 02/09/2022 according to the Canadian business registry. The official website publishes no address.

Is Circular Arrow still active?

Yes for the studio, no for its Canadian company. The official 12 Fortune Dragons Drum Frenzy page was published on 07/09/2026, but CIRCULAR ARROW STUDIO LTD. was struck off on 19/05/2026 for failing to file, according to the British Columbia OrgBook registry.

How many games has Circular Arrow released?

Six documented titles as of 15/10/2026: Ark of Ra (2022), American Double Gold, American Triple Gold and American Triple Double Gold (2024), 12 Fortune Dragons (2025) and 12 Fortune Dragons Drum Frenzy (2026). Five appear on the official website; Ark of Ra is missing.

What is the RTP of Circular Arrow slots?

Between 96.00% and 96.05% according to the official game pages: 96.00% for American Double Gold, American Triple Gold and 12 Fortune Dragons, 96.02% for American Triple Double Gold, and 96.05% for Drum Frenzy. The stated volatility is high or very high.

What is the maximum win at Circular Arrow?

5,165 times the bet on 12 Fortune Dragons Drum Frenzy and 3,000 times the bet on 12 Fortune Dragons. The studio publishes no maximum win for the American Gold trilogy, whose jackpots are fixed.

What is MahiGaming?

MahiGaming is a Games Global division presented as a multi-platform development house, with teams in South Florida, in San Marcos near San Diego and in Las Vegas. Circular Arrow, Fortune Factory Studios and Neon Valley Studios all claim it on the Games Global Studios page.

Does Circular Arrow hold a gaming licence?

No, no licence is issued in its name. Its games circulate under the licences of Games Global Operations Limited (Gambling Commission, account 58841) and Prima Networks Limited (MGA/CRP/926/2021), which carry compliance for every exclusive studio in the network.

Can you play Circular Arrow slots for free?

Not from the official website: no game page offers a demo button, only screenshots. The demos visible elsewhere run through third-party aggregators the studio does not control, which is why this page has no GAMES filter.

Sources:

• Official Circular Arrow website
• Circular Arrow About page
• Circular Arrow Games page
• Circular Arrow Contact page
• Official 12 Fortune Dragons page
• Official 12 Fortune Dragons Drum Frenzy page
• Official American 2x Gold page
• Official American 3x Gold page
• Official American 3x2x Gold page
• History of CIRCULAR ARROW STUDIO LTD. on OrgBook BC
• Games Global Studios page
• Games Global release of 11/07/2022: July 2022 content
• Games Global release of 30/01/2023: Crazy Digginz by Pulse 8 Studios
• Games Global release of 01/07/2024: July 2024 content
• Games Global release of 30/09/2024: October 2024 releases
• Games Global release of 19/05/2025: releases for the week of 22 May 2025
• Games Global release of 08/01/2026: Hyper Strike Diamond Drum Frenzy
• Games Global release of 28/03/2024: Genie's Arabian Riches by Neon Valley Studios
• Games Global release of 30/04/2024: 333 Fat Frogs Power Combo by Fortune Factory Studios
• Official MahiGaming website
• Gambling Commission public register: account 58841